64,038 Shares in Capital Group Core Plus Income ETF $CGCP Acquired by TrueWealth Financial Partners

TrueWealth Financial Partners bought a new stake in Capital Group Core Plus Income ETF (NYSEARCA:CGCP) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 64,038 shares of the company’s stock, valued at approximately $1,450,000. Capital Group Core Plus Income ETF comprises 1.2% of TrueWealth Financial Partners’ investment portfolio, making the stock its 28th biggest position.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Fifth Third Bancorp purchased a new position in shares of Capital Group Core Plus Income ETF in the 3rd quarter valued at approximately $32,000. Central Pacific Bank Trust Division purchased a new position in shares of Capital Group Core Plus Income ETF in the 4th quarter valued at approximately $35,000. US Bancorp DE purchased a new position in shares of Capital Group Core Plus Income ETF in the 3rd quarter valued at approximately $41,000. Marshall & Sterling Wealth Advisors Inc. grew its stake in shares of Capital Group Core Plus Income ETF by 85.2% in the 3rd quarter. Marshall & Sterling Wealth Advisors Inc. now owns 4,211 shares of the company’s stock valued at $96,000 after purchasing an additional 1,937 shares during the last quarter. Finally, MAI Capital Management grew its stake in shares of Capital Group Core Plus Income ETF by 148.3% in the 3rd quarter. MAI Capital Management now owns 5,033 shares of the company’s stock valued at $114,000 after purchasing an additional 3,006 shares during the last quarter.

Capital Group Core Plus Income ETF Trading Up 0.0%

Shares of CGCP stock opened at $22.33 on Thursday. The business’s 50 day moving average is $22.46 and its two-hundred day moving average is $22.64. Capital Group Core Plus Income ETF has a twelve month low of $21.95 and a twelve month high of $23.00. The company has a market capitalization of $7.56 billion, a P/E ratio of 10.69 and a beta of 0.33.

Capital Group Core Plus Income ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Monday, March 2nd. Investors of record on Friday, February 27th were paid a $0.0845 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.5%. This is a boost from Capital Group Core Plus Income ETF’s previous monthly dividend of $0.08. The ex-dividend date was Friday, February 27th.

About Capital Group Core Plus Income ETF

The Capital Group Core Plus Income ETF (CGCP) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund actively invests in bonds and other debt securities issued by corporate and government entities from around the globe, with no limitations regarding credit ratings and maturities. CGCP was launched on Feb 22, 2022 and is managed by Capital Group.